Greggs sausage rolls up the leaderboard in hospital food poll October 22, 2016 A ranking of the healthiest providers of hospital food revealed that one of the nation's favourite bakeries was narrowly pipped to the top spot. The "Healthy Hospital Food: 2016 Brand League Table" compared the performance of how well companies meet NHS England targets on healthy checkouts, food advertising and price promotions in hospitals. Although the Royal Voluntary Service and [...]
Sugar-cane restrictions are up for renegotiation, which could play into Tate & Lyle’s hands October 21, 2016 The owner of one of Britain's oldest and most distinctive brands has labelled the UK's departure from the EU as the "biggest opportunity of our lifetime". Tate & Lyle, most famous in the UK for its golden syrup said that removing the shackles of EU quotas and tariffs would mean that it could increase production to a [...]
McDonald’s shares jump after more strong sales (despite killer clown craze) October 21, 2016 It looks like all McDonald's needed was a bit of wisdom from Watford man Steve Easterbrook. The fast food giant has just posted its fifth straight quarter of rising sales. The figures Global sales rose 3.5 per cent in the three months to the end of September, it said it an update today, pushed up by a 1.3 [...]
Burberry share price jumps over five per cent on reports of interest from US designer Coach October 21, 2016 Burberry's share price jumped six per cent this afternoon on reports that US designer Coach is interested in merging with the British designer. Financial blog Betaville reported that Coach has engaged investment advisory firm Evercore to work with the two companies on a potential tie-up. According to a source cited by Betaville, senior executives from Coach [...]
Prom boom boosts Moss Bros’ retail sales, rather than just its hire division October 21, 2016 The chief executive of one the UK's oldest high street names said that a British prom boom was driving "fantastic" sales growth. Moss Bros boss, Brian Brick, said that 80 per cent of Britain's schools now have proms. And this wasn't just having a positive impact on its suit hire division, it was boosting sales in its larger [...]
Competition and Markets Authority launches probe into online betting companies’ complex small print October 21, 2016 Online gambling firms are facing a crackdown from the UK's consumer rights watchdog over fears they may be "conning" their customers with opaque and unfair terms and conditions. The Competition and Markets Authority (CMA) has today launched an investigation into the £4bn a year industry after complaints were raised by the official regulatory body, the Gambling [...]
Consumers feeling cheery ahead of the Christmas shopping season October 21, 2016 Consumer confidence is looking up ahead of the biggest quarter for retailers – the Christmas season. Consumers are shaking off the Brexit blues and feeling more positive about their earnings before Christmas, according to a report from PwC. PwC said 19 per cent of respondents in its consumer survey said they expect to be better off [...]
China’s Alibaba begins its countdown to the world’s biggest shopping day of the year – Singles’ Day October 20, 2016 Chinese e-commerce giant Alibaba has started the countdown to its shopping festival Singles’ Day, the world’s biggest sales event of the year. The retailer has promised consumers a bonanza of pop stars, fashion shows, and virtual reality to whip them into a spending frenzy. The annual celebration of being single – now in to its [...]
John Lewis opens flagship store in Leeds October 20, 2016 John Lewis has opened a flagship store in Leeds that it says will focus on providing customers with experiences, rather than just goods. The £37m store at the Victoria Gate Development in Leeds has created 550 jobs for the area. Read more: John Lewis warns on job losses due to its commitment to staff pay [...]
MPs vote to strip Sir Philip Green of his knighthood October 20, 2016 MPs have voted to strip Sir Philip Green of his knighthood. MPs have been debating the collapse of BHS in the House of Commons. The amendment to take Green's knighthood was supported by over 110 MPs. The vote is not binding, and the ultimate decision over his knighthood will be taken by the honours forfeiture committee. Read more: [...]